At present global challenge in recover from the impact of COVID-10, businesses, typically SME could relook into internal cost reduction practices to achieve better cost optimization and resources efficiency. The critical factors before the initiative always where, which and how much cost could be optimized.
Therefore in this webinar, we will discuss the concept and case examples of resources (cost) visualization, traceability and identification of wastage (cost) briefly, simplify the cost reduction method for SME.
Key learning
- How to trace resources flow and identify an area with improvement opportunities
- How to summaries overall waste into tangible monetary value
- Establish in house cost reduction model and start cost saving $$$
Cost Visualization Model